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Everybody didn't believe me when I said it...

[dailykos.com]

Lizard_of_Ahaz 9 Mar 18
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4 comments

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0

I'll believe it when it happens

It already has....

@Lizard_of_Ahaz I meant to refer to an actual seizure of his properties or assets to pay the bill, I just didn't do it quite right 😊

2

I love Daily Kos!

They have won awards for their coverage of the war in Ukraine and several other subjects as well...

3

I wonder what strategy they will employ. Interesting times ahead.

Betty Level 8 Mar 18, 2024

Probably another bankruptcy which will leave all his assets vulnerable as it will have to be both business and personal...

@Lizard_of_Ahaz Has he not declared bankruptcy before? Didn't seem to stop him then.

@Betty He used LLCs and incorporations that filed business bankruptcies to cheat people he owed money to which is different from personal bankruptcy. When this is done with a single property "owned" by the LLC or corporation it limits the damage to both his personal credit and if filed correctly he can avoid most of what he owes as well as keeping the property...

4

Good idea!

But it misses the point that by selling off his properties you not only cut his revenue stream but also add to his bills because he now has to pay off the money he still owes on those properties...

@Lizard_of_Ahaz Good point! Who wants to bet they are mortgaged up to the hilt?

@Organist1 I wonder how much his gold toilets will go for at auction....

"Who wants to bet they are mortgaged up to the hilt?" I already said that I think they are mortgaged far beyond what the banking industry allows which is 60% for commercial and investment properties... I believe they are in some cases as high as 90% or even over 100% and he should be left with those...

@Lizard_of_Ahaz Haha...I think many Americans would be shocked to learn that this fraudster is very close to being broke. Also, he obtained a lot of his loans based on falsely elevated estimates of his real estate's worth. IMO, only his MAGAts would pay for his golden toilets, and they couldn't afford them!

@Lizard_of_Ahaz I think Kushner is over in Saudi Arabia trying to beg money from his chums.

@Organist1 They could at auction but he would probably only get a buck each for them....

Kushner still owes the Saudis at least a billion dollars so unless Trump wins and can pay them back with political favors they ain't getting shit... and then there is this.

[dailykos.com]

@Lizard_of_Ahaz It's really staggering what a loser Trump is, and how dangerous at the same time.

@Organist1 I have already offered my services as his executioner should he be sentenced to death for his acts of treason...

@Lizard_of_Ahaz Well, he should be.

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